Boreal Capital Management

Company: Boreal Capital Management
Website: borealcm.com
Industry: Asset management, financial services
Locations: Zurich, Switzerland; parent company in Andorra
Target group: High-net-worth individuals (HNWIs)
Computer workstations: 34

Initial situation and challenge

Before working with Open Circle, Boreal Capital Management had an internal IT department that was outsourced to a single former employee. This model proved inadequate for the planned growth and did not offer the necessary transparency or flexibility. In addition, as a FINMA-regulated asset manager, the company had to meet the highest standards of information security and data sovereignty.

Solution: Strategic partnership with Open Circle

After careful evaluation, Boreal Capital Management chose Open Circle. The decisive factors were ISO certifications, secure data storage in Switzerland and a flexible service model. Open Circle then implemented 2024 new and effective workstations. This included flexible management of all work devices, password management, internet telephony, and secure access to the work environment from any device.

In addition, all sensitive data was equipped with an additional firewall. As a result, the servers now run entirely via Swiss data centres (Swiss Business Cloud) and the data is protected from foreign access. The OPEN CIRCLE IT Admin Tool helps Boreal Capital Management manage daily operations by controlling access rights and ensuring that internal rules and security requirements are adhered to.

Implementation: Personal migration without interruption

The transition from the old IT structure to Open Circle solutions took place within a week. Employees received personalised and flexible training from Open Circle through on-site and remote training sessions. All data, servers and workstations were successfully migrated without interrupting business operations.

Boreal Capital Management had a dedicated contact person at their side throughout the entire transition. This meant that questions and challenges could be addressed and resolved directly at any time, ensuring a smooth process and additional security. This personal support helped the Boreal team quickly find their way around the new IT environment.

Result: Increased safety and efficiency

In summary, the new IT infrastructure at Boreal Capital Management has improved the following processes:

• Open Circle takes data security to a new level of quality and ensures maximum protection for sensitive customer data.
• IT impresses with more efficient processes, reliable compliance with regulations and greater transparency.
• Employee satisfaction and response times to enquiries have increased.

Conclusion: Trusting partnership for digital sovereignty

The collaboration between Boreal Capital Management and Open Circle demonstrates how reliable IT partners can support an asset manager in the areas of security, flexibility and efficiency. The partnership lays the foundation for future growth, long-term security and digital sovereignty.

Boreal Capital Management will continue to work with Open Circle to implement further security measures and drive forward the technological modernisation of its workplaces.